Monday, November 13, 2017 8:48:50 AM
CHICO, Calif., Nov. 13, 2017 (GLOBE NEWSWIRE) -- AmeraMex International, Inc.(AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, received a $1.4 million order from the US government. The order is for new reach stackers which will be delivered before the end of 2017.
Reach stackers are machines used for handling intermodal cargo containers in small terminals or medium-sized ports. They are able to quickly transport a container weighing 80,000 pounds short distances and stack them up to five containers high.
11/1/2017 AmeraMex Awarded $1.8 Million Maintenance Agreement CHICO, Calif., Nov. 01, 2017 (GLOBE NEWSWIRE) -- AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, was awarded a maintenance agreement with the U.S. government. The five-year maintenance agreement was awarded to AmeraMex by a division of the U.S. government located in California. Under the terms of the agreement, AmeraMex will maintain and service a variety of equipment for a monthly maintenance fee of approximately $30,000. The value of this five-year maintenance agreement is $1.8 million. The agreement becomes effective November 1, 2017. About AmeraMex AmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company also represents an inclusive product line of advanced performance tactical military vehicles from Oshkosh Defense, LLC. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service.
AMMX float just above 200M (majority of the O/S restricted and held by CEO and insiders)
http://www.otcmarkets.com/stock/AMMX/profile
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